Thursday

Stocks dropped below the 10,000 mark today. This set a new seven-week low amid continued concerns about the pace of the U.S. economic recovery. The market reversed an early climb after the Federal Reserve Bank of Kansas City reported that manufacturing activity in its district had stalled. The disappointing report wiped out a boost from an unexpectedly large drop in jobless claims. Now we wait for news from the next Federal Reserve meeting, which is taking place tomorrow in Jackson Hole, Wyoming. DJIA -74.25 Nasdaq -22.85 S&P 500 -8.11.